As of November 2007, a sign posted on the main doors says “CLOSED”. According to friends who frequent Panama City Beach, it’s been closed since the end of summer (which is when the majority of visitors leave, as this is a resort/Spring Break destination). This isn’t a surprise as the brand-new 16-screen, stadium-seating Grand Theatre opened up at the new Pier Park plaza within a few miles of this traditional-seating theatre.